Political Quotes

“I thank the chairman. Mr. Speaker, I spent several minutes articulating the details of the benefits of this bill. I am grateful to Senator Hoeven, my Senator from North Dakota, for introducing it in the Senate. I want to answer just a couple of the questions because I think there are legitimate concerns being raised by my friends on the other side. With regard to the price of oil being about $50 and being low and that it, therefore, somehow negates the need for the pipeline, there are two things I would say. 2,336 days ago, the price of oil was approaching $50, and TransCanada still applied for the pipeline. In fact, at low prices, the cost of transportation is an even more important consideration, and oil transported by rail costs about $10 a barrel more than it does by pipeline. The pipeline is even more important in this environment. {time} 1615 With regard to the pump station spill in North Dakota, on the original pipeline, I know it well. I sited that line. The good news was that everything worked. The alarms went off. The bells shut down. The farmer even called the company. There was a spill. It was corrected. There was no negative environmental impact. With regard to the types of jobs, I saw them firsthand. These are permanent jobs. Yes, they are temporary on that particular job, but 88 percent of the steel used in the Keystone XL pipeline has been sourced from North Carolina. That is 88 percent. I want to finish by reading this quote from Danny Hendrix.…”